ARC ENERGY IDEAS

Anne Applebaum, a Pulitzer Prize-winning journalist and historian, dives into her latest book, 'Autocracy Inc.', revealing the rising tide of authoritarianism worldwide. She discusses the collaboration among autocratic nations like Russia and China against democratic values. The talk touches on deteriorating U.S.-Canada relations, driven by trade tensions and tariffs, while also examining the role of climate policy in shaping political narratives. Applebaum highlights the challenges democracies face today and Canada's resilience in navigating these turbulent waters.

Join John Manley, former Deputy Prime Minister of Canada and a key figure in finance and foreign affairs, as he unpacks the current trade tensions between Canada and the U.S. He discusses the implications of recent tariffs and suggests strategic responses for Canada. Manley highlights the importance of enhancing energy security and diversifying markets. He also addresses the need for increased defense spending and modernization of energy infrastructure. Tune in for insights on navigating the complex landscape of North American economic relations!

In this discussion, Christopher Sands, Director of the Wilson Center's Canada Institute, shares insights on Trump's return to the Oval Office and its implications for Canada. He analyzes Trump's Davos speech, where the President urged OPEC to reduce oil prices against Russia. Sands also addresses the potential legal challenges of Trump’s executive orders on energy policy and explores the pressures on Canada to increase military spending amidst evolving trade dynamics. Ultimately, the dialogue sheds light on the intricate U.S.-Canada relations influenced by Trump’s policies.

This week, our guest is Michael Berends, Chief Executive Officer and Co-Founder of ClearBlue Markets.  ClearBlue Markets helps clients harness carbon markets to meet their climate objectives.  Here are some questions Peter and Jackie asked Michael: What is the overall sentiment toward carbon markets, especially after the Trump Administration's retreat from ESG initiatives? Are recent recommendations for new quality standards improving trust in voluntary carbon credits? Will COP29's global carbon market mechanism endorsement encourage more international trading? Why are Alberta TIER carbon market offsets discounted by 50%, and why do California LCFS and BC credit markets also have low prices? What are your expectations for Canadian Clean Fuel Regulation (CFR) credit prices, and could the Conservative Party of Canada (CPC) repeal the regulation if elected? Why does Canada have 11 carbon markets? Can industrial emitters trade carbon offsets in Ontario? Content referenced in this podcast:ICE has two futures markets for Alberta Carbon Credits: Alberta Emission Offset and Alberta Emission Performance CreditsPlease review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

Marcus Rocque, Vice President at the ARC Energy Research Institute, brings his expertise to the table, discussing the precarious impact of potential tariffs on Canadian oil and gas. He and the hosts analyze the complicated trade surplus with the U.S. and its implications. The conversation highlights the U.S.'s ability to find alternative energy sources and considers how tariffs could affect both American consumers and Canadian producers. Rocque also explores the necessity for Canada to enhance market access and adapt its energy policies in light of these geopolitical challenges.

The hosts kick off the year by examining their 2024 predictions and introducing key energy themes for 2025. They dive into the political upheaval surrounding Prime Minister Trudeau's resignation and its expected impact on the energy sector. Upcoming challenges in the gas market and the role of AI in energy efficiency also take the spotlight. Additionally, they discuss Canada’s revised Clean Electricity Regulations, extending its net-zero target to 2050, and the complexities surrounding energy security and affordability.

This is our last podcast of 2024! We will be back in the new year with a look back at 2024 and the energy themes we will be watching in 2025.For the last podcast of the year, we welcome Elliot Mainzer, President & Chief Executive Officer, California Independent System Operator (CAISO).California has integrated a large share of renewables into its electricity supply. As of 2023, almost 50% of California’s power generation came from renewables. Renewable power generation includes solar (19%), hydro (15%), wind (6%), geothermal (5%), and biomass (2%). Jackie and Peter asked Elliot: What is your expectation for future renewables growth? What is the future of natural gas generation?  Is transmission able to keep up with the addition of new power supply? Do you expect changes under the Trump administration could speed up the permitting for new transmission projects?  Are you concerned about the pace of demand growth and what is driving the acceleration?   Is it fair to say that high renewables penetration has caused California to have expensive power prices?  Alberta is making market changes to address the growth of renewables; how did California address these issues with market design in a way that continued to create a compelling investment opportunity for renewables?  How much electricity does California currently receive from Alberta and British Columbia?Content referenced in this podcast:Statement from CanREA on concerns about punitive market and transmission changes in Alberta, including a link to a Direction Letter from Minister Nathan Neudorf (December 10, 2024)Opinion: Alberta needs solar and wind to meet demand by Vittoria Bellissimo and Evan Wilson, December 12, 20242023 Total System Electric Generation for California (California Energy Commission) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

Arne Wohlschlegel, Managing Director at Siemens Energy Canada, explains vital energy technologies driving decarbonization. He tackles the impact of potential new tariffs on the business landscape and addresses the nuances of generating electricity from natural gas versus hydrogen blending. Arne also discusses challenges in hydrogen development and the urgency of grid technology improvements. Plus, he highlights the future of offshore and onshore wind generation projects, revealing exciting advancements within the energy sector.

Peter and Jackie start the podcast by discussing President-elect Donald Trump’s threat to impose a 25% tariff on all imports from Canada and Mexico and the potential impact on Canadian oil and gas markets and prices.Next, Peter and Jackie welcome their guest, Vittoria Bellissimo, President and CEO of the Canadian Renewable Energy Association (CanREA). CanREA is a national industry association and the voice for Canada's wind, solar, and energy storage solutions.Here are some of the questions Jackie and Peter asked Vittoria: How would you describe the mood of renewable developers in Canada today? Tariffs on solar equipment could be added at the Canadian border; how will this impact the cost of developing solar and wind projects? Why has Canada recently imported more electricity from the United States? Does this mean Canada is already facing tighter electricity markets? Alberta is redesigning its electricity market, called the REM or Restructured Energy Market. Why is this change needed? What concerns do renewable generators have regarding the proposed changes for the Alberta market? Are you concerned about the potential electricity demand growth from AI data centres in Alberta and elsewhere?Content referenced in this podcast:CanREA’s Clean Energy Procurement CalendarDunsky report commissioned by CanREA, that defines the potential for onsite or behind-the-meter solar in CanadaEIA note on how US exports of electricity to Canada have increasedCanREA’s Go Solar Guide 2024, the go-to source for Canadians looking to install solar on their rooftops and homes Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple Podcasts Amazon Music Spotify 

This week, the podcast begins with Jackie and Peter reviewing recent news, including key takeaways from COP29, the escalation of the Russia-Ukraine conflict, and discussions about potentially restarting the Keystone XL oil pipeline project. They also reviewed President Trump's nominations for the Department of Energy (DOE), the Environmental Protection Agency (EPA), and the US Department of the Interior and plans to launch a National Energy Council to coordinate policies and boost US energy production. Next, Peter and Jackie welcome their guest, Bob Dhillon, the Founder, President, and CEO of Mainstreet Equity Corp., which is a Calgary-based real estate company specializing in acquiring, redeveloping, and managing mid-market residential rental apartment buildings across Western Canada.Buildings, including apartment buildings, are a significant source of emissions. According to the Canada Green Building Council (CAGBC), “residential, commercial, and institutional buildings contribute 17% of Canada’s greenhouse gas (GHG) emissions. Considering building materials and construction brings that number closer to 30%, making the building sector Canada’s third-highest carbon emitter.”Here are some of the questions Jackie and Peter asked Bob: What is your perspective on the Canadian housing crisis? What are some solutions for solving the housing shortage? Who pays for energy in Mainstreet’s apartment buildings? What projects have you undertaken to reduce energy use in the buildings? Who pays for the escalating carbon tax? How would a net zero building code impact the housing shortage?Content referenced in this podcast: Liberty Energy’s Report “Bettering Human Lives”Mainstreet Equity Corp. website: https://www.mainst.biz/Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify